Filing Flows › Global Water Resources (GWRS) › Q3 2026
Global Water Resources (GWRS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Global Water Resources (GWRS) reported revenue of $16.3M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -8% from the quarter before. Operating margin was 14.7%, net earnings $1.0M (6.2% of revenue).
Global Water Resources, Q3 2026: revenue $16.3M (+5% year over year), operating margin 14.7%, net earnings $1.0M, operating cash flow $6.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.3M | -8% | +5% |
| Operating profit | $2.4M | -47% | -18% |
| Net earnings | $1.0M | -63% | -41% |
| Operating cash flow | $6.9M | +48% | -20% |
| Free cash flow | $23K | — | — |
What changed
Revenue was $16.3M in Q3 2026, up 5% year over year and down 8% from the previous quarter. Water service was the largest line at 55% of revenue. Water service added $523K year over year (up 6%), 67% of the total change.
Operating profit was $2.4M, a 14.7% margin (down 4.1 points year over year). Operating profit fell $529K even though revenue rose $782K versus Q3 2025, so costs grew faster than sales. Total costs grew 10% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $1.0M, down 41% year over year. The effective tax rate was 26.5%.
Operating cash flow was $6.9M (down 20% year over year), 688% of net earnings. Non-cash charges added back $4.6M of depreciation and amortization and $257K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $6.9M left free cash flow of $23K.
Questions
What was Global Water Resources' revenue in the third quarter 2026?
Global Water Resources (GWRS) reported revenue of $16.3M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -8% from the quarter before.
Was Global Water Resources profitable in the third quarter 2026?
Operating profit was $2.4M (14.7% of revenue) and net earnings $1.0M.